More than likely, it’s not a long stretch to see the benefits of upgrading to a more robust ERP system. In fact, you’d be hard-pressed to find any business professional who would choose an outdated system over one that better serves their needs, all else being equal.

Obviously, a decision like this isn’t an impulse buy. It’s a purchase that needs to be backed with thorough knowledge and supporting evidence. You need to be sure that a transition of this kind will in fact yield return on its investment.

How to determine ERP ROI

How could access to refined business intelligence change the way you make decisions?What would the business effect be if your mobile workforce or off-site employees had easier access to data entry and retrieval systems?

How would your ability to manage growth and change be improved without the hindrances caused by the limitations of your current system?

What is the ROI of a new ERP system versus the losses (time, money, hours) caused by your current systems?

​Would upgrading to a better ERP solution improve your bottom line over the next 3 years?The answers to these questions will create clarity around and define the benefits of pursuing a new ERP solution. Like most business decisions the ROI must be there to proceed with the project. Be sure to ask yourself these questions to determine ERP ROI.​